Subject: File No. SR-NYSEArca-2006-20
From: arthur j gross
Affiliation: Arthur J Gross SP

August 9, 2006

we are a small firm on the nyse ,8 employees. The new fee structure will increase pressure on the firm to retain all our employees . Rates continue to increase here at the nyse while our billing continues to go down because of the increase in competition . We believe that these increases will eventually eliminate the floor of the nyse and hurt the surrounding businesses and the city of new york Overall we feel these increases are unnessesary considing the profitibility of the nyse